India and Mexico have bright future in the SME segment: Ambassador H.E. Rogelio Granguillhome

In a meeting held at FISME office on 24th July 2008, the Ambassador of Mexico H.E. Rogelio Granguillhome highlighted the potential of both the countries in the SME sector.

The Ambassador put emphasis on the following sectors like, Information Technology, Pharmaceuticals, Agro Industry and Auto components.

Trade: India Vs Mexico (Value in US $ Million)

Year

Indian Exports

Indian Imports

Total Trade

2002-2003

261.55

65.52

327.07

2003-2004

264.42

73.89

338.31

2004-2005

368.58

82.62

451.20

2005-2006

443.07

97.61

540.68

2006-2007

535.36

789.77

1,325.13

India exports to Mexico: Organic chemicals, Pharmaceutical products, articles of apparel and clothing, man made filaments and stable fibres etc.
Source: Department of Commerce, Ministry of Commerce and Industry, Government of India